He likes it and other covered calls on the banks and some of the others in the US. He doesn’t have much faith in Ottawa these days. He thinks policies are ill conceived. We seem to be in the direction of greater regulation and greater taxation. He sees companies retracting from Canada.

He likes it and other covered calls on the banks and some of the others in the US. He doesn’t have much faith in Ottawa these days. He thinks policies are ill conceived. We seem to be in the direction of greater regulation and greater taxation. He sees companies retracting from Canada.

The dividend paying stocks average about 4% in dividends. The premium above that is coming from the covered call strategy and there is no return of capital in that model. There are capital distributions from mergers and acquisitions only. There is a high correlation to financials in Canada. It is kind of like the weighting of the TSX.

The dividend paying stocks average about 4% in dividends. The premium above that is coming from the covered call strategy and there is no return of capital in that model. There are capital distributions from mergers and acquisitions only. There is a high correlation to financials in Canada. It is kind of like the weighting of the TSX.

BMO Canadian High Dividend Covered Call (ZWC-T) or BMO Canadian Dividend (ZDV-T) for a TFSA? This is a broad based diversified fund that writes covered calls against the securities in the fund. It gives you the dividends plus the premiums from the options on top of that. Interest rates are probably going higher, but doesn’t expect it to happen this year. Wouldn’t be surprised to see a couple of hikes next year. He would be inclined to go with this one, because you’re getting 2 sources of income. You could actually own both and be fine.

BMO Canadian High Dividend Covered Call (ZWC-T) or BMO Canadian Dividend (ZDV-T) for a TFSA? This is a broad based diversified fund that writes covered calls against the securities in the fund. It gives you the dividends plus the premiums from the options on top of that. Interest rates are probably going higher, but doesn’t expect it to happen this year. Wouldn’t be surprised to see a couple of hikes next year. He would be inclined to go with this one, because you’re getting 2 sources of income. You could actually own both and be fine.

BMO high dividend or BMO Europe high dividend? He loves these and uses them in his fund. When you want to play defence, a high dividend concentration in stocks, tend to have lower downside risk. If you do this with a Covered Call, you get an enhancement on your yield. This one has close to a 6% yield, not a bad way to play Canada.

BMO high dividend or BMO Europe high dividend? He loves these and uses them in his fund. When you want to play defence, a high dividend concentration in stocks, tend to have lower downside risk. If you do this with a Covered Call, you get an enhancement on your yield. This one has close to a 6% yield, not a bad way to play Canada.

This site is used by investors to track what stock experts say.
Stockchase is useful as an online investing tool for due diligence, and for getting a feel for how companies are thought of by investment experts. This site should not be your only resource or reference, but it should be one of the investing tools in your arsenal for wise investing in the stock market. Stockchase draws only on what has been discussed by individuals who appear on business television programs, in particular the Business News Network. Stockchase, in its reporting, neither recommends nor promotes any investment strategies that have been discussed.

We are human and can make mistakes. Help us fix any errors.
If you see something that you know is not right or if there is a problem with the site, please email us at hello@stockchase.com.